Aeternity

by Aeternity

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Tendermint

by Interchain Foundation

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Parity Technologies

by Parity Technologies

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Aeternity

by Aeternity

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Tendermint

by Interchain Foundation

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Parity Technologies

by Parity Technologies

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What problem does this service solve?

Aeternity uses a hybrid consensus protocol that aims to improve smart contract platforms and allow the use of real world data.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Parity's software makes it easier for organizations, end-users, and developers to use blockchain.

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Company Description

Aeternity is a smart contract driven blockchain platform that aims to integrate real world data and improve the overall performance of smart contracts. Aeternity has a hybrid consensus algorithm that combines PoW for verifying transactions, and PoS for governance purposes. The platform is based on a system of state channels that allow users to interact privately with each other and record this information off-chain.

Tendermint is a consensus algorithm that was created by a company called All in Bits. The open source algorithm is Byzantine Fault-Tolerant and uses an authenticated encryption system to secure transactions. The Tendermint consensus mechanism was developed in 2014 for the Cosmos Network. The Interchain Foundation, which is developing the Cosmos Network, continues to employ All in Bits to support Cosmos.

Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum.

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